Form 4: NeueHealth CFO Jay Matushak Reports Stock Sales to Cover Tax Obligations
SEC Form 4 Filing
NeueHealth's CFO, Jay Matushak, reported selling shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, Jay Matushak, CFO of NeueHealth, Inc., sold 1,860 shares of common stock at a weighted average price of $7.19 to cover tax obligations related to vesting restricted stock units.
- Additionally, 2,444 restricted stock units vested on the same day.
- On March 10, 2025, Matushak sold another 184 shares at a weighted average price of $7.06.
- Following these transactions, Matushak beneficially owns 24,487 shares of NeueHealth common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock sales for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market, but the sales are for tax obligations and not necessarily indicative of management's view of the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/07/2023 | Restricted stock units vested in three equal annual installments beginning on this date. |
| 03/07/2025 | Sale of 1,860 shares of common stock and vesting of 2,444 restricted stock units. |
| 03/10/2025 | Sale of 184 shares of common stock. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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